As U.S. jobs disappear, the Federal Reserve returns to rate cuts
It’s getting harder to find work in the United States. U.S. businesses added just 22,000 jobs from July…
Dollar (USD) Rises Most in Two Weeks as Fed Seen as Being Less Dovish
The dollar strengthened against all of its major peers as investors interpreted the Federal Reserve’s policy outlook as…
Top analyst says Elon Musk’s DOGE layoffs marked the ‘end of the rolling recession’ of last 3 years
A leading Wall Street analyst says the wave of government layoffs driven by Elon Musk’s DOGE initiative—the so-called…
Fed Cuts Rates Quarter Point, Signals Labor Market Concerns
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more…
1 in 3 Americans have no emergency savings—while boomers’ $2,000 cushion dwarfs Gen Z’s $400
That’s according to a new survey by Empower, a retirement and financial services company, which found 32% of…
UK inflation remains nearly double target ahead of expected interest rate hold
LONDON (AP) — Inflation in the U.K. held steady at 3.8% in the year to August, official figures…
Bond Traders Boost Bets on Half-Point Fed Rate Cuts by Year-End
Bond traders are stepping up options wagers that the Federal Reserve will deliver at least one half-point interest-rate…
UK Retirees Face Paying Tax With Pensions Set to Rise 4.7%
Britain’s pensioners are set to pay tax on their state retirement benefit from 2027 after official earnings data…
Retail sales up 0.6% in August from July even as tariffs lead to price hikes
Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school purchases, even as…
Retail sales beat expectations as Americans keep opening their wallets
WASHINGTON (TNND) — Americans continued to open up their wallets and spend last month despite higher prices and…
The Fed faces economic uncertainty and political pressure as it decides whether to cut rates
WASHINGTON (AP) — In a sign of how unusual this week’s Federal Reserve meeting is, the decision it…
Floods, heavy rains unlikely to push India’s inflation higher
TOPSHOT – A woman farmer looks at her paddy crops submerged in floodwaters after the Ravi river overflowed…